Mumbai, Nov 7: Standard & Poor's said on Thursday it may cut India's sovereign rating to below investment grade should the next government fail to provide a credible plan to reverse the country's low economic growth. Alternatively, the credit ratings agency said it may revise India's outlook back to "stable" should a new government have an agenda to restore growth, improve the country's finances
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London, Nov 7: India has more number of billionaires than France, Saudi Arabia, Switzerland and Hong Kong and is home to the sixth largest group of super rich population in the world, says a report. Moreover, the country's financial capital Mumbai with 30 billionaire, is among the top 5 'billionaire cities' globally, which was topped by New York that is home to 96 billionaires. Hong Kong, Moscow
Raipur, Nov 7: Security forces averted a possible landmine explosion by defusing two IEDs weighing 50 kg in Dantewada area of poll-bound Chhattisgarh, where Congress President Sonia Gandhi and BJP Prime Ministerial candidate Narendra Modi are scheduled to address rallies today. A joint squad of CRPF and state police detected two big Improvised Explosive Devices (IEDs) of 25 kg each kept in steel
New Delhi, Nov 6: Oil Minister M Veerappa Moily has asked the Finance Ministry to cut duties on branded petrol and diesel that offer better mileage and help cut fuel consumption. Currently, the Finance Ministry levies higher excise duty on premium or branded petrol and diesel, making them costlier than normal or unbranded auto fuel. While a litre of regular/normal or unbranded petrol costs Rs 72
Hyderabad, Nov 6: The MIM has strongly opposed the idea of making Hyderabad a Union Territory on the lines of Chandigarh, in the event of bifurcation of Andhra Pradesh even as the party again made a strong pitch for a unified state. "We cannot accept Hyderabad as a Union Territory. We are also opposing Hyderabad as the common capital (for Telangana and residuary Andhra Pradesh) in the event of the
Mumbai, Nov 6: With the arrest of a gymkhana manager on Tuesday, the Chembur police claimed to have solved the mystery of the body parts of a woman that were found Chembur and Trombay last week. The police said Prabhakar Shetty (31), manager of Chembur Gymkhana, killed 36-year-old fashion designer Kanta Shetty and cut her body into pieces in the bathroom of his first floor flat at Subhash Nagar in
Kozhikode, Nov 6: Renowned ghazal singer Najmal Babu died after prolonged illness at his residence at Vengara in Malappuram district, family sources said on Wednesday. Babu, 65, who passed away last night, had performed throughout the country. Son of well-known playback singer Abdul Khader, Babu, once active in the ghazal circles of Kozhikode, was keeping away from stage performances for the last
New Delhi, Nov 6: Finance Minister P Chidambaram has warned that Gujarat Chief Ministerial and Bharatiya Janata Party Prime Ministerial candidate Nadrendra Modi is propagating dangerous RSS ideology. In an interview with Network18, Chidambaram claimed the BJP is making the mistake of making Narendra Modi larger than the party. "The BJP has projected a person larger than the party, they'll realise
Sriharikota, Nov 6: It was moment of triumph for scientists closely involved in the Mars Orbiter Mission. For KS Shivkumar, director of the Isro Satellite Centre where the spacecraft was built, the placing of the Mars Orbiter spacecraft into the orbit around the Earth was like his baby taking its first steps. “Our baby is up in space looking for scientific objects but we have a long way to go,” he
New Delhi, Nov 5: Police stand infront of the residence of BSP MP Dhananjay Singh after the death of domestic help in New Delhi on Monday. BSP MP Dhananjay Singh and his wife Jagriti were today arrested in connection with the murder of their 35-year-old maid and "merciless" torture of another minor domestic help with stick and rods. The body of maid Rakhi, with several injury marks on her legs